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Johns-Manville Products Corporation Board Minutes on Selling the Chrysotile, Arizona Asbestos Mine (1951)

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Minutes of a special meeting of the board of directors of Johns-Manville Products Corporation in New York on October 17, 1951, kept and signed by Vandiver Brown as secretary. The chairman, L. M. Cassidy, reported an agreement to sell "the asbestos mine owned by the Corporation at Chrysotile, Arizona" to Western Chemical and Manufacturing Company of Los Angeles for $110,000, with $10,000 at closing and the rest in ten yearly payments at 4% interest. The board authorized the officers to complete the sale and convey the patented and unpatented mining claims.

Author
Vandiver Brown
Published by
Johns-Manville Products Corporation
Date
October 17, 1951
Library no.
ACL Doc 24520 · asbestosclaims.law/library/24520
Rights
Republished under fair use for research and historical study.

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Read online Download the PDF Board minutes, October 17, 1951 · 556 KB

What it shows

The minutes record the end of J-M's ownership of its Arizona chrysotile mine, which it had reopened during the Second World War (see the mine's production and reopening records). Directors present were Cassidy, A. R. Fisher and K. W. Huffine.

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Cite this document

Vandiver Brown. “Johns-Manville Products Corporation Board Minutes on Selling the Chrysotile, Arizona Asbestos Mine.” October 17, 1951. Johns-Manville Products Corporation. AsbestosClaims.Law Library, ACL Doc 24520. https://asbestosclaims.law/library/24520.

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